POP MART's stock price has recently plummeted by 8.49%, marking its largest six-week decline, as market concerns over its overseas sales performance intensify, especially due to disappointing Black Friday sales data. Despite a significant surge in third-quarter earnings, analysts have expressed concerns about its future growth momentum.

The Supreme Court of British Columbia, Canada, has approved the forfeiture of cash and gold worth approximately $1 million linked to QuadrigaCX co-founder Michael Patryn, transferring ownership to the provincial government. This action is regarded as the province's largest and most significant enforcement operation to date under the "Unexplained Wealth Order" (UWO) framework, highlighting the region's stringent crackdown on money laundering activities and assets of unknown origin. According to the Vancouver Sun, Patryn did not contest the forfeiture order, allowing the court to proceed with liquidating the assets previously seized. These assets include 45 gold bars, luxury watches, jewelry, and over $250,000 in cash. Court documents obtained by CoinDesk indicate that the civil forfeiture judgment will officially take effect in September 2025, granting British Columbia full ownership of the items seized in March 2024.

Bitcoin is hovering near the 0.382 Fibonacci key support level, with the market watching to see whether it can hold this bullish defense line. Analyst Daan Crypto Trades has warned that if this level is breached, Bitcoin could fall back to the $76,000 region from April and potentially damage the high time frame bullish structure. Last weekend, Bitcoin briefly dropped below $88,000 during a round of leveraged liquidations, then rebounded to $91,500. Analyst Bull Theory described this move as a typical "low-liquidity weekend liquidation," viewing it as a maneuver to squeeze leveraged positions in both directions by taking advantage of weak market structure. Next, the market is awaiting the Federal Reserve FOMC meeting, with a widely expected 0.25% rate cut. However, since the first rate cut in October, crypto market sentiment has actually cooled, mainly because Powell has emphasized that decisions will be data-driven, making it difficult for the market to simply bet on a long-term easing cycle. Markus Thielen of 10x Research pointed out that weaker ETF inflows in December and declining trading volumes have limited Bitcoin's short-term breakout potential, while narrowing volatility has also increased downside risk.

According to Gate News Bot on December 08, citing CoinMarketCap data, as of the time of writing, ACA (Acala Token) is currently trading at $0.01, up 16.19% in the past 24 hours, reaching a high of $0.02 and a low of $0.01. The current market capitalization is approximately $15.2 million, an increase of $2.12 million from yesterday. **Recent Market Analysis of ACA:** The relevant information provided mainly consists of aggregated market data and links to market tools, without specific fundamental drivers, project progress announcements, or market events. Therefore, the specific driving factors behind this round's 16.19% increase cannot be directly determined from the current information. From a market performance perspective, ACA has shown a clear upward trend within 24 hours, with a $2.12 million increase in market capitalization refle

VTB, Russia's second-largest bank, is planning to launch a regulated spot cryptocurrency trading service in 2026, targeting high-net-worth and qualified investors. This move marks the first official entry of a major Russian bank into the spot cryptocurrency market, and also indicates that Russia is accelerating the implementation of its digital asset regulatory framework under the pressure of international sanctions. According to local media reports on December 3, VTB has already begun testing crypto trading services with select high-net-worth clients. The bank emphasized that in the future, this service will be limited to qualified investors who meet specific portfolio size or income standards and will not be fully open to the general public. The move aims to provide a diversified asset allocation channel for a limited range of clients under controllable regulatory conditions.

This week's Federal Reserve policy meeting is in the spotlight, with investors closely watching for differences over rate cuts and future signals from Powell. The market has largely priced in expectations of rate cuts, making policy guidance the key focus. Economists warn that the market may be underestimating the risk of no rate cuts.

PANews, December 8—According to the official announcement from Web3 robotics company XMAQUINA, proposal XMQ-02 has been officially approved, securing over 19 million votes and a support rate exceeding 96%. The proposal aims to allocate 128,067,280 DEUS tokens (about 12.8% of the total supply) and $150,000 USDC for the Token Generation Event (TGE), to be used for community presale, liquidity support, and key ecosystem development initiatives. The main allocation plans include: Community Presale: 110 million DEUS tokens (11% of total supply) will be allocated for the final round of community presale, raising funds to expand the DAO's equity investments in leading humanoid robotics companies. Liquidity and Ecosystem Growth: 18,067,280 DEUS tokens (1.8% of total supply) and $150,000 USDC will be allocated for exchange listing fees and liquidity support.

Ripple's stablecoin RLUSD recently saw its market cap on Ethereum rise to around $1.1 billion, making it one of the fastest-growing cross-chain stablecoins. This breakthrough has attracted widespread attention in the crypto industry, with analysts believing that multi-chain deployment has become one of Ripple’s most important strategic decisions this year. Analyst Wendy O pointed out that deploying RLUSD on both Ethereum and the XRP Ledger (XRPL) is Ripple’s “smartest move,” as the crypto industry is moving toward a comprehensive multi-chain ecosystem. She believes that more and more projects will follow RLUSD’s approach to enhance the usability and cross-chain interoperability of their own assets.

Uniswap founder Hayden Adams stated that the first auction of Uniswap CCA initiated by Aztec Network has ended, with total bids reaching $59 million. The auction process was fair, and the final transaction price was 59% higher than the reserve price. Part of the proceeds will be used to launch Uniswap v4 liquidity pools.

The Staking Vault under CatFee.io has distributed over 6 million TRX in incentives to on-chain addresses, supporting TRON chain energy staking. The program is designed for convenience, allowing participation with as little as 1 TRX. Funds remain in the user's address without requiring additional authorization.

According to Jinse Finance, ECB Executive Board member Schnabel supports raising interest rates, believes that borrowing costs have reached an appropriate level, and that economic and inflation risks are tilted to the upside, suggesting that the economic forecast may be raised in December. Analysts expect the deposit rate to remain at 2%.

Odaily Planet Daily News: According to on-chain analyst Ai Yi's monitoring, the "Ironhead bull trader who went long 36 times consecutively from 11.03 to 11.26" has returned to the bullish camp. Three hours ago, this trader opened three long positions in ETH/SUI/FARTCOIN, with a total position value of $20.28 million and a current unrealized profit of $188,000. Among them, the ETH position is worth $9.39 million, holding 3,000 ETH, with an average entry price of $3,116.98. After going long 36 times in a row, this trader has recently switched to a long-short alternating trading strategy.

With Bitcoin holding above $91,000, XRP has seen strong buying interest at the $2 psychological level. Latest data shows that after breaking through a key support, XRP's trading volume surged by 251% around $2, reflecting institutional funds absorbing market liquidity at this price point. The US spot XRP ETF continues to demonstrate strong appeal, with cumulative inflows exceeding $1 billion since its launch, making it the fastest-growing altcoin ETF. Although retail interest remains subdued, institutional demand is steadily expanding. The growth in ETF inflows has effectively offset the decline in open interest in the derivatives market, making the capital environment more favorable for long-term allocation.

As major cryptocurrencies rebound, trading activity of meme coins across various networks has picked up. Within the Solana ecosystem, the meme coin Franklin recorded a trading volume of over $20 million, with a market cap surpassing $13 million. Analysts note that PIPPIN is under strong bullish control, with trading volume reaching $20.9 million. In the BSC ecosystem, the meme coin DOYR's market cap once surged to $20 million. BlockBeats reminds investors to exercise caution in the face of price volatility.

Gate News Bot message, December 08: According to CoinMarketCap data, as of press time, FIS (StaFi) is currently trading at $0.04, up 14.55% in 24 hours, with a high of $0.05 and a low of $0.03. The current market cap is approximately $4.84 million, an increase of $615,000 from yesterday. StaFi is a liquid staking platform dedicated to providing users with more flexible and efficient asset appreciation solutions through innovative staking mechanisms. Recent key updates on FIS: 1️⃣ **Ecosystem Application Expansion and Cross-Chain Layout** The StaFi platform has launched a tokenized lending market on the Avalanche public chain, working with partners to provide innovative financing solutions for small and medium-sized banks. This initiative expands the platform's application scenarios and enhances the ecosystem's practicality.

Trump criticized the NCAA's judicial issues on his social platform and hinted at the possible launch of a new meme coin, "BIG." The token attracted a large number of investors in a short period of time, but BlockBeats reminds users to be cautious, as meme coins typically lack real utility and experience extreme price volatility.

Bitunix won the "Best Emerging Exchange" award at the FinanceFeeds Awards 2025, recognizing its outstanding growth and innovation in the global crypto industry. Since its establishment in 2021, Bitunix has continuously improved its technological security and user experience. The award reflects the industry's trust in its platform and recognition of its future potential.

The market expects the Federal Reserve to cut interest rates and support the stock market, but the real driving force lies in its balance sheet management and liquidity injections. Analysts predict that the Fed may cut rates by 25 basis points on December 10 and start purchasing Treasury bills to maintain market stability.

According to Jinse Finance, on-chain analyst Yujin has monitored that a certain whale went long on 1.38 million HYPE tokens at a price of $38.6 each, with a total value of $41.36 million, and is currently facing an unrealized loss of $12.01 million. The whale's liquidation price is $23.7.

Since the beginning of this year, the median stock price of digital asset treasury companies listed in the US and Canada has fallen by 43%, far exceeding Bitcoin's 6% decline. Companies such as SharpLink and Greenlane have seen significant drops in market value, with many investors already facing losses. It is expected that by the end of the year, 70% of these companies’ stock prices will be below their levels at the start of the year. Smaller DAT companies face even greater challenges as fundraising opportunities decrease.

A research report by CICC points out that if Hassett becomes the new Federal Reserve Chair, it is expected to benefit US stocks, while US Treasury yields and the US dollar may experience a dip followed by a rebound. The key period is the first quarter of 2026, when Hassett's dovish statements may lead to a short-term decline in US Treasuries and the dollar, but overall economic recovery will support their rebound.

Analyst Vetle Lunde believes that December could be a turning point for the crypto market. Bitcoin's valuation reflects panic sentiment, and the probability of the market rising is greater than that of falling. Recent strong signals have been ignored, and the market is overreacting to long-term risks.

ChainCatcher news, according to the RootData calendar page, next week includes multiple major events such as project updates, macroeconomic news, token unlocks, incentive activities, and presale events. Details are as follows: December 8: Stable will launch its mainnet. December 9: US November New York Fed 1-year inflation expectations will be released. December 10: US 10-year Treasury auction winning yield for December 9 will be announced. December 11: The Federal Reserve FOMC will announce the interest rate decision and summary of economic projections; Federal Reserve Chair Powell will hold a monetary policy press conference. December 12: APT will unlock 10.935 million tokens, valued at $19.5737 million, accounting for 1.486% of the circulating supply;

Star responded on social media to the allegations that Moore Threads co-founder Li Feng borrowed 1,500 BTC and failed to return it, stating that the debt issue will be handled according to the law and encouraging attention to positive developments in the future. At the same time, Star disclosed the historical background of the agreement and Li Feng's breach of contract.

According to Jinse Finance, Hasu, Lido's strategic advisor and Flashbots' strategy director, commented on Vitalik's call to establish an on-chain gas futures market on the X platform. He stated that the market lacks natural short sellers: a large number of users are inherently exposed to gas costs (short) and wish to hedge, but almost no one in the market is willing to take the long side on gas, so liquidity may be insufficient, making it difficult to form a meaningful market size. In response, Vitalik suggested that the protocol itself could act as the market's short seller, that is, by auctioning future base fees on-chain.

According to Jinse Finance, crypto analyst TXMC pointed out that despite the decline in Bitcoin prices, the liveliness metric continues to rise, indicating a bottom in spot demand and suggesting that the market bull cycle may not be over. This metric reflects the long-term trend of on-chain Bitcoin activity and shows an influx of new investment capital.

PANews, December 7—According to Jin10, as of the end of November, China's gold reserves stood at 74.12 million ounces (about 2,305.39 tons), an increase of 30,000 ounces (about 0.93 tons) compared to the previous month, marking the 13th consecutive month of gold accumulation.

BlockBeats News, December 7 — According to the latest data released by CryptoRank, the average cash cost for mining one Bitcoin has risen to $74,600. When factoring in depreciation and stock-based compensation (SBC), the all-in cost reaches $137,800. As the total network hash rate surpasses the symbolic milestone of 1 ZH/s, competition has intensified significantly, leading to a sharp decline in miners’ profitability. This trend is prompting many publicly listed mining companies to shift their capacity toward higher-margin businesses such as AI/HPC (High-Performance Computing), rather than continuing to invest in traditional Bitcoin mining. As a result, the industry is now splitting into two main models: • Infrastructure Providers: repositioning mining data centers for high-profit computing businesses • Traditional Miners: struggling to survive in an increasingly competitive, near-zero profit environment.

The Solana community questions Jupiter Lend's risk disclosure, and Fluid's co-founder admits that their vaults have issues with rehypothecation and are not fully isolated. Kamino's co-founder states they will block the migration of Jupiter Lend tools, believing users are being misled. The controversy centers on the fact that Jupiter Lend's claimed isolated vaults actually use rehypothecation technology.

Fogo blockchain project announced the launch of Ecosystem Points Program 1.5 and the mainnet performance testing project Fogo Fishing, aiming to test mainnet performance through on-chain fishing and airdrop rewards for participants. The project's TPS has exceeded 1,000. Previously, Fogo completed an $8 million funding round with a valuation of $100 million.

OpenAI and Anthropic are accelerating preparations for what could be the most expensive IPO next year. Anthropic has already appointed a law firm to prepare for its IPO and is discussing private fundraising exceeding $300 billion. Analysts believe that the AI market will drive the development of related industry chains, and investors can use USDT to participate in the layout while paying attention to risk control.

PANews, December 6—According to Jintou, citing an analysis by the Russian news agency Sputnik of data from the Central Bank of Russia, as of November 2025, the market value of Russia's gold reserves has surpassed the $300 billion mark for the first time, reaching $310.7 billion and setting a new historical high for the fourth consecutive month. In that month, gold accounted for 42.3% of Russia's international reserves, the highest level since February 1995. At that time, the share of gold was 43.9%, with a value of no more than $5.5 billion.

Although Bitcoin has recently rebounded, CryptoQuant's risk indicators are approaching the high-risk zone, signaling a possible market correction. Multiple indicators show market vulnerability; the current pullback is significant but has not reached panic selling levels, and downside risks still remain in the future.

According to reports, SpaceX is in negotiations to sell internal shares, with a valuation reaching $800 billion, potentially making it the world's most valuable startup. The company plans to conduct its initial public offering in the second half of next year. This marks a significant increase in its valuation compared to July.